Rocket Companies, Inc. financial data

Symbol
RKT on NYSE
Industry
Mortgage Bankers & Loan Correspondents
Location
1050 Woodward Avenue, Detroit, Michigan
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Return On Equity 0.23 %
Return On Assets 0.09 %

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 1.14 B USD +33.3%
Weighted Average Number of Shares Outstanding, Basic 137 M shares +9.83%
Weighted Average Number of Shares Outstanding, Diluted 1.99 B shares +0.88%

Income Statement

Label TTM Value / Value Unit Change %
General and Administrative Expense 844 M USD +2.23%
Costs and Expenses 4.21 B USD -7.99%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 311 M USD
Income Tax Expense (Benefit) -657 K USD -106%
Net Income (Loss) Attributable to Parent 19.2 M USD
Earnings Per Share, Basic 0.15 USD/shares
Earnings Per Share, Diluted 0.12 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 861 M USD -3.58%
Deferred Income Tax Assets, Net 544 M USD +0.49%
Property, Plant and Equipment, Net 243 M USD -8.92%
Operating Lease, Right-of-Use Asset 313 M USD -20%
Intangible Assets, Net (Excluding Goodwill) 100 M USD -18.1%
Goodwill 1.1 B USD 0%
Assets 22.2 B USD +4.8%
Deferred Income Tax Liabilities, Net 15.6 M USD -4.1%
Liabilities 13.6 B USD +3.95%
Accumulated Other Comprehensive Income (Loss), Net of Tax 72 K USD
Retained Earnings (Accumulated Deficit) 300 M USD +6.94%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 8.61 B USD +6.17%
Liabilities and Equity 22.2 B USD +4.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.01 B USD -126%
Net Cash Provided by (Used in) Financing Activities 2.73 B USD +90.4%
Net Cash Provided by (Used in) Investing Activities 35.5 M USD -44.8%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -243 M USD -244%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 893 M USD -6.72%
Interest Paid, Excluding Capitalized Interest, Operating Activities 379 M USD +18%
Deferred Tax Assets, Valuation Allowance 102 M USD +71.8%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 652 M USD +9.18%
Operating Lease, Liability 358 M USD -20.3%
Payments to Acquire Property, Plant, and Equipment 14 M USD -23%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 19.3 M USD
Lessee, Operating Lease, Liability, to be Paid 445 M USD -6.59%
Property, Plant and Equipment, Gross 787 M USD +6.73%
Lessee, Operating Lease, Liability, to be Paid, Year Two 84.5 M USD +18.1%
Lessee, Operating Lease, Liability, to be Paid, Year One 81.6 M USD +6.4%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure +27.5%
Deferred Income Tax Expense (Benefit) -17.8 M USD -149%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 51.2 M USD -4.66%
Lessee, Operating Lease, Liability, to be Paid, Year Three 84 M USD +18.6%
Deferred Federal Income Tax Expense (Benefit) -8.56 M USD -333%
Current Income Tax Expense (Benefit) 4.96 M USD -14.5%
Lessee, Operating Lease, Liability, to be Paid, Year Four 80.4 M USD +15.2%
Operating Lease, Payments 87.3 M USD +7.4%
Additional Paid in Capital 351 M USD +19%
Current State and Local Tax Expense (Benefit) 1.27 M USD +121%
Current Federal Tax Expense (Benefit) 3.29 M USD -29.6%
Amortization of Intangible Assets 22.5 M USD -9.23%
Share-based Payment Arrangement, Expense 159 M USD -25.5%
Deferred State and Local Income Tax Expense (Benefit) -9.16 M USD -128%